🔥🔥🔥 #BCH Is the old brand of altcoin about to explode?
$BCH (Bitcoin Cash) as a classic fork of Bitcoin, is built on decentralization, blockchain, and consensus mechanisms just like BTC, positioning itself as "peer-to-peer electronic cash," focusing on fast payments and low transaction fees.
After completing the hard fork at block height 478558, the total supply of BCH is set at 21 million coins. Compared to Bitcoin, BCH has expanded the block size from 8M to 32M, effectively enhancing transaction processing capacity, reducing congestion and fees, and striving to restore the original intention of electronic cash proposed by Satoshi Nakamoto.
Recent market analysis:
From the K-line trend, BCH has basically found its bottom, with short-term opportunities for a rebound.
📍 Guang Ge suggests paying attention to long positions around 400, with a target range looking towards 450.
Short-term trading can be tested with small positions, and be sure to set stop-loss orders to manage risk!!!
